Counterpoint Mutual Funds LLC Buys Shares of 32,857 The Marcus Co. (NYSE:MCS)

Counterpoint Mutual Funds LLC bought a new stake in The Marcus Co. (NYSE:MCS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 32,857 shares of the company's stock, valued at approximately $706,000. Counterpoint Mutual Funds LLC owned 0.10% of Marcus as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC increased its position in shares of Marcus by 135.3% during the third quarter. Barclays PLC now owns 392,388 shares of the company's stock valued at $5,913,000 after purchasing an additional 225,644 shares during the period. Peapod Lane Capital LLC acquired a new position in shares of Marcus in the 4th quarter valued at $3,258,000. Jackson Creek Investment Advisors LLC acquired a new stake in shares of Marcus during the 4th quarter valued at about $1,605,000. BNP Paribas Financial Markets boosted its position in shares of Marcus by 2,057.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 52,406 shares of the company's stock valued at $790,000 after acquiring an additional 49,977 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its position in Marcus by 142.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 83,101 shares of the company's stock worth $1,252,000 after purchasing an additional 48,759 shares in the last quarter. 81.57% of the stock is owned by institutional investors and hedge funds.

Marcus Price Performance

NYSE MCS traded down $0.22 during trading hours on Friday, reaching $17.45. 386,145 shares of the company's stock were exchanged, compared to its average volume of 437,089. The firm has a fifty day moving average of $19.55 and a 200-day moving average of $19.05. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.38. The Marcus Co. has a one year low of $9.56 and a one year high of $23.16. The stock has a market cap of $553.86 million, a PE ratio of -51.31, a price-to-earnings-growth ratio of 3.12 and a beta of 1.57.

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Marcus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This represents a $0.28 annualized dividend and a yield of 1.61%. Marcus's dividend payout ratio (DPR) is -107.69%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MCS shares. Barrington Research reiterated an "outperform" rating and issued a $27.00 price objective on shares of Marcus in a research note on Thursday, February 27th. StockNews.com cut Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Finally, Benchmark reaffirmed a "buy" rating and issued a $25.00 target price on shares of Marcus in a report on Thursday, January 30th.

Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.